The Renaissance of Law in the Law of Oil and Gas: The Contract Dimension - Washburn Law Journal, Vol. 42 (2004)

نویسنده

  • David E. Pierce
چکیده

I. INTRODUcrION.......................................... 909 II. JUDICIAL RELUcrANCE TO ApPLY BASIC LEGAL CONCEPTS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 910 III. THE OIL AND GAS LEASE AND THE LAW OF IMPLIED COVENANTS............................................. 911 A. Professor Merrill's "Oil and Gas Law" Analysis. . . . 911 1. Implying Obligations to Get the Lessor a Better Deal............................................ 911 2. Evaluating the Underlying Premises for Professor Merrill's Theory...................... 914 B. The "Contract Law" Response to Professor Merrill's Concerns. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 917 1. Unconscionability. . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . 917 2. The Proper Role of "Implied Covenants" ...... 923 3. The Proper Role of "Good Faith" .. . . . . . . . . . . . . 925

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تاریخ انتشار 2007